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20121120
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increase. >> you said that about bill clinton in 1993. not a single republican voted for his tax increase, and we had 23 million new jobs. >> it doesn't keep up with population growth. >> i'll tell you this. >> we are not growing our way out of this, and obama doesn't want to grow. >> regarding the clinton tax hike of '93, first of all, the economy didn't do so great after that tax hike. it was later when he cut the capital gains tax. >> that's not true, larry. look at the numbers, larry. that's not true. >> we cut spending, keith. >> but the fact is, george papa bush gave clinton a really strong 4% economy. right now you've got a whole different situation. >> wait a minute. so you can talk about the senior bush but you can't talk about the younger bush and what he gave president obama? is this not hypocrisy? >> papa bush gave him a better economy. i've got to get out of here. >> it's after the election, you lost, larry. get over it. >>> do you think someone earning $250,000 a year is rich? please tweet us @thekudlowreport. we'll read them later in the show. >>> guess what? nancy pelosi i
'm going to finish. the i'm going to finish. under bill clinton we raised taxes on rich people. saw the biggest economic boom in american history. under george bush we lowered taxes on rich people go into economic ruin. >> this is problem with people with no connection. >> i'm going to i'm going to finish i'm going to finish. so there is not, based on our own experience a direct connection between raising rates and on wealthy people and economy going, going down. in fact the opposite happened. and so you can keep saying it doesn't make it true. rick: go ahead, pete. >> simon you have no experience in the private sector. never run a is business. that is problem when you have policy wonks. >> i run a business, 16 years. nice try, pete. >> solution for america. small businesses are answer here. president has a great opportunity to lead. >> i've been running a small business for 16 years. pete. rick: not everything was decided last tuesday. not everything was settled. we'll continue the conversation. simon and pete, we'll have you back again soon. >> thank you. >> sure. jenna: put your
% to 39.6%, which it was during the bill clinton administration. will the democrats -- and you know the democrats in the house and the senate and the president go along with these serious cuts in spending in entitlements, for example, medicare, social security, medicaid, all those spending cuts that the democrats usually hate. >> first of all, i want to tell my friend, dana, i believe the democrats have a mandate. we don't have to sit around for the next two years and listen to the republicans whine and complain about tax cuts going up. president obama extended the bush tax cuts for two years. he's put forward a grand bargain. republicans reject that had. the democrats defeated 16 republican incumbents last week. i think the house democrats will be in a position to work with mr. boehner to try to get the votes. mr. boehner has never been able to deliver the votes without ms. pelosi and the democrats delivering those votes. i think the democratic position is to come up with a fair and balanced proposal to not raise taxes on the middle class and to not sit back and listen to the repub
ramp up the attack. these are live pictures that you are looking at. is it possible for bill clinton to step in? >> steve: who changed the wheat white talking points of libya. taking terror out of the picture. the top inteleadmitted that something doesn't smell right here >> brian: they have no idea what you are wearing. hurricane damaged homes are so damaged that the city may not get a chance to tell the homeowners before plowing through. nice. "fox and friends", starts right now. ♪ ♪ "fox and friends". >> steve: welcome to studio e. it is monday before thanksgiving. alyson is in for gretchen. you have a new hair cut? >> no, a new style. >> steve: brian and i find a picture in 17 magazine and take it to the person. >> brian: and you are storting the bieber as i can see this morning. they are so talented they can do anything. >> brian: i look at cap. that's what i perfect. did i mention there is war in the middle east? israel and gaza. >> they are on the brink. we are looking live at the israeli/gaza border. it is now day sixth of the israeli crisis. they are waiting for a word o
, but the republicans have substantial power because of the rules of the senate. the democratic president. as bill clinton would say, it's arithmetic. nothing is going to get done unless we find a way to work together. and i'll tell you, the public has just had it. well, you know, the approval rating of congress is in single digits. it's pretty awful. and it's all about, in my view, the inability to simply sit down and solve some of these problems. >> senator, quick question, brian sullivan from cnbc here. would you support a fiscal cliff resolution on taxes that did not involve an elevation of the top-end rate? in other words, 35 to 39.6, would you support a tax increase but only as boehner would like to do through the reductions or deductions, or are you fixed to that rate? >> well, i think we're fixed too much on this issue because it's only a small piece. even if you do the increase on the people above $250,000, it's a long way from solving the full problem. i'm a simpson-bowles guy myself in the sense that i think there's got to be an across-the-board settlement. so i think what you're really
to 39.6% which is what it was during the clinton administration. so bill kristol says, do that, make sure that most americans don't get any tax increase come january 1st. there will be plenty of republicans who will oppose any tax rate because it goes against their commitment not to raise tax rates, a equipment that governor norquist by signing those pledges, as you well know, ashleigh. my gut tells me there will be maneuver ra built between the president and john boehner. the president wants to make sure that rich people pay a little more in taxes. boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next year. >> and so the congressional budget offic
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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